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FREEPORT MCMORAN: 1Mt 2019 TRANSITIONAL GRASBURG COPPER EXPORT PLUNGE

Jakarta, Jan 10

Copper concentrate exports from Indonesia’s Grasberg mine, the world’s second-largest copper mine, are forecast to plunge this year because of a lag in output as operations move from open pit to underground mining, according to a govt official, Reuters reports.Director of minerals at the Energy and Mineral Resources Ministry Yunus Saefulhak says in 2019 copper conc exports are expected to drop to 200,000t from about 1.2Mt last year.

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